US CREDIT - As good as it gets?

Newswire

By Eric Burroughs NEW YORK, June 21 (Reuters) - In weekly research, Wall Street credit strategists expressed suspicion that the recent lows in spread levels across the corporate universe may be about as good as it gets. Analysts at Lehman Brothers broke down the largest 100 corporate names in the Lehman Credit Index to see how their spreads stand versus the lows this year, finding that the majority hit year-to-date lows at or before the end of April. "We view this supportive of our ...

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